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J.P. Morgan, Citigroup and Wells Fargo report earnings — Three pros on the numbers

J.P. Morgan and Citigroup beat earnings estimates, while Wells Fargo missed on fourth quarter expectations. J.P. Morgan shares rose after reporting trading revenue of $30.16 billion, exceeding the expected $28.70 billion. All three banks also announced a release of more than $4 billion of loan loss reserves, which is a sign of economic optimism. Watch three market and banking experts breakdown the numbers and what it means for banks in 2021.
03:48
Fri, Jan 15 202111:49 AM EST
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